Vast Resources (VAST) has been working with specialist consultants to develop new cleaning and sorting processes specific to its eluvial stones from Zimbabwe,
These are unique in character and require several layers of cleaning and preparation to maximise their value at tender. The intention of the company is to be directly and indirectly involved in the entire value-chain where possible in order to maximise returns for shareholders.
Example photos of approximately 500 carats of four-to-six carat mixed stones during the various stages of the primary beneficiation process are available for viewing here, and will also be shared on the company's social media.
View from Vox
Shares in Vast Resources have more than tripled in value since the start of the year, partly as a result of its receipt of this diamond parcel. The parcel contained a significant number of stones, and so proceeds from any sale are expected to be significant. In addition, though, a successful tender could open further opportunities for the company in the future.